3D news

Corporate America’s New Scam: Industry P.R. Firm Poses as Think Tank!

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AlterNet - 11/13/13, Salon / By Lisa Graves

 

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When scholars at University of California, Berkeley, recently released a study finding that low wages in the  fast food industry cost taxpayers $7 billion every year in social supports to subsidize salaries of low-income workers, they ran into a respectable-sounding opponent. The professors had argued that the minimum wage should be increased to relieve the burden on taxpayers who underwrite supersize restaurant industry profits.

37 States Allow Corporations To Get Rich Off Prison Labor

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Source: ClassWarfareExists.com - 11/12/13, Posted by Jameson
 

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As you do your holiday shopping this year, chances are you’ll be surrounded by products that were made using prison labor.

Corporations are realizing that they don’t need to send jobs overseas to turn a profit any more. No, they didn’t have a change of heart and a new found willingness to share their hard earned profits with their workers. Instead, they’ve found a class of people that they can basically use for free. Even better, these people have almost no rights. No protections. No voice. They are numerous and growing every year. What corporations have realized is that they are sitting on the largest population of prisoners in the world.

Seattle police deactivate surveillance system after public outrage

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RT - 11/13/13

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Police in Seattle, Washington have responded to a major public outcry by disabling a recently discovered law enforcement tool that critics said could be used to conduct sweeping surveillance across the city.

Last week, Seattle’s The Stranger published an in-depth look at a little known new initiative taking place within the city that involved the installation of dozens of devices that would create a digital mesh network for law enforcement officers. The devices — small white-boxes equipped with antennas and adorned on utility poles — would broadcast data wirelessly between nodes so police officers could have their own private network to more easily share large amounts of data. As The Stranger pointed out, however, those same contraptions were able to collect data on internet-ready devices of anyone within reach, essentially allowing the Seattle Police Department to see where cell phones, laptops and any other smart devices operating within reach were located.

 

More: RT.com

 

Occupy Wall Street activists buy $15m of Americans' personal debt

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The Guardian - 11/12/13, Adam Gabbatt

Occupy Wall Street
'Our primary purpose was to spread information about the workings of this secondary debt market,' said Andrew Ross. 
Photograph: Spencer Platt/Getty Images

 

"Our purpose in doing this, aside from helping some people along the way – there's certainly many, many people who are very thankful that their debts are abolished – our primary purpose was to spread information about the workings of this secondary debt market."

"Very few people know how cheaply their debts have been bought by collectors. It changes the psychology of the debtor, knowing this.

More: TheGuardian.com

 

JPMorgan’s #AskJPM Twitter Hashtag Backfires Against Bank

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Bloomberg - 11/14/13, Dawn Kopecki

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JPMorgan Chase & Co., the target of at least eight Justice Department investigations, was mocked and taunted by Twitter users after asking followers to send questions to an executive using the hashtag #AskJPM.

JPMorgan, the biggest U.S. bank, has faced criminal probes including one into possible bribery in Asia and another examining its relationship with Ponzi scheme operator Bernard Madoff. The firm has been negotiating an agreement with the U.S. to resolve multiple mortgage-bond probes, and two ex-employees were indicted for allegedly trying to cover up a record trading loss last year.

Video and more: Bloomberg.com

 

Investment Manager Explains Why 99.5% Of Americans Can Never Win

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Business Insider - 11/13/13, Gus Lubin
 

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"In my view, the American dream of striking it rich is merely a well-marketed fantasy that keeps the bottom 99.5% hoping for better and prevents social and political instability," the manager wrote in an email to Professor G. William Domhoff of the University of California at Santa Cruz.

The manager, who asked to remain anonymous to protect his relationship with wealthy clients, expresses his frustration with a financial system that is rigged to help the elites at the cost of everyone else.

More: BusinessInsider.com

 

Iran to ban morality police from targeting women

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The Telegraph - Ahmed Vahdat, 11/13/13
 

Iran to ban morality police from targeting women

Iranian President Hassan Rouhani Photo: REUTERS
 

Iran's notorious morality police have been barred from arresting women deemed to be immodestly dressed, as President Hassan Rouhani moved to fulfil an election promise to ease up on the country's strict Islamic dress code

Mr Rouhani, who has displayed a more moderate bent than his hardline predecessor since taking office in June, has moved to rein in the Gashte Ershad (Guidance Patrol), that has been a trademark of the Islamic Republic since its inception in 1979.

More: telegraph.co.uk

 

Congressional approval drops to lowest ever at 9%

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MSN News - 11/13/13, By McClatchy-Tribune News Service

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Positive attitudes about Congress have been hovering in the low double digits for weeks — and, according to one survey, the body now ranks below root canals, cockroaches and traffic jams.

Just when it seemed Americans’ approval of Congress could not drop any lower, it did — to 9 percent, the lowest in Gallup’s history of posing the question, the organization said Tuesday.

More: News.MSN.com

 

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